According to Bloomberg, Kraken has acquired Asia based stablecoin infrastructure company REAP for $600 million.

According to Coinbase, on May 7th, Coinbase will launch KAIO (KAIO) contract trading, and the KAIO-PERP market will open after meeting liquidity and regional support conditions.

[U.S. Department of Justice Investigates Oil Transactions Related to Iran War] According to ABC News, sources revealed that the U.S. Department of Justice, together with the Commodity Futures Trading Commission, is investigating at least four suspicious transactions in the oil market, with a total amount exceeding $2.6 billion. These transactions occurred on the eve of President Trump's major statement regarding the Iran war, where traders bet that oil prices would drop before falling further.

Researcher and market analyst Ben Cowen says the purge of millions of altcoins is already underway and is necessary for a sustainable bitcoin bull market to be in place. What to know : Analysts say a lasting bitcoin bull market requires a painful purge of thousands of speculative “junk coins,” a process already well underway since 2021. Bitcoin’s dominance has climbed back above 60% as capital exits failed altcoins and memecoins, with some research suggesting it could approach 70% by 2030. Despite bitcoin’s recent move above $81,000, several veteran traders and analysts expect further downside and do not foresee a new all-time high in 2026.

Bank of New York Mellon, which manages assets worth $2.1 trillion, has disclosed that it has invested $187 million to increase its holdings of 101800 shares of Strategy (MSTR), a Bitcoin reserve company. Currently, Bank of New York Mellon holds a total of 1 million shares of MSTR, with a total value of approximately $187 million.